Credit Suisse analyst Seth Sigman lowered the price target on GameStop (NYSE: GME) to $10.00 (from $11.00) while maintaining a Underperform rating.

• Weak Preowned Adds Risk to 2019
• Cost Cuts May be Offset by Core Profit Decline
• Lowering 2019 EPS to $1.70 (from $1.83)
• Lowering 2020 Estimates